2,572 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Purchased by Raiffeisen Bank International AG

Raiffeisen Bank International AG bought a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,572 shares of the company's stock, valued at approximately $638,000.

Other institutional investors have also added to or reduced their stakes in the company. Noble Wealth Management PBC acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at $27,000. VSM Wealth Advisory LLC acquired a new position in shares of Hilton Worldwide in the fourth quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in shares of Hilton Worldwide in the fourth quarter worth about $34,000. Sierra Ocean LLC purchased a new stake in Hilton Worldwide in the fourth quarter valued at approximately $36,000. Finally, Hopwood Financial Services Inc. acquired a new position in Hilton Worldwide in the 4th quarter worth approximately $41,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

Shares of HLT traded down $1.80 during mid-day trading on Friday, hitting $244.70. 211,769 shares of the company were exchanged, compared to its average volume of 1,752,496. The stock has a market cap of $58.16 billion, a price-to-earnings ratio of 39.81, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. Hilton Worldwide Holdings Inc. has a 1-year low of $194.93 and a 1-year high of $275.22. The company has a 50 day moving average of $228.11 and a 200-day moving average of $243.61.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating analysts' consensus estimates of $1.61 by $0.11. The business had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.73 billion. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. The business's revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.53 earnings per share. Research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Monday, May 26th will be issued a $0.15 dividend. The ex-dividend date is Friday, May 23rd. This represents a yield of 0.23%. Hilton Worldwide's payout ratio is currently 9.46%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on HLT. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and increased their price target for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. Susquehanna lifted their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Mizuho reissued a "neutral" rating and set a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Truist Financial cut their price objective on shares of Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. Finally, Dbs Bank raised shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Eleven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Hilton Worldwide has an average rating of "Hold" and a consensus price target of $245.56.

About Hilton Worldwide

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.